Job Description

This role in the team is responsible for the effective and efficient end to end process management for all acquisitions and disposals, development compliance oversight as well as liaison with the

brokerage teams from a deal management perspective. This includes the negotiation and execution of deal funding, viability and risk assessment, legal timeline management and related items pertaining

to the onboarding and offloading of assets. The role involves liaison and consultation with the brokerage and development teams and managing the legal processes of development.

 

Duties

1. Property Company Duties

1.1. Investment Management - Acquisitions / Disposals

1.1.1. Collecting and interpreting information required for potential acquisitions, and

presenting the information to the team

1.1.2. Preparation of documents/agreements for acquisitions and disposals

1.1.3. Due diligence analysis of potential acquisitions and development opportunities

1.1.4. Preparation of summarised reports and deal terms for board approval

1.1.5. Managing cross-property analytics as well as deal performance using Blok’s CRM system

1.1.6. Liaising with the asset management team to ensure that properties are insured as they

come on book, and removed once disposed

1.1.7. Any post transfer management as required on an ad hoc basis.

1.2. Funding & Deal Administration

1.2.1. Understanding offers, funding requirements and vetting legal documents

1.2.2. Understanding deal structures and executing where necessary

1.2.3. Administering bond registration for development finance and ensuring compliance with all salient terms and precondition requirements.

1.2.4. Transfer/bond registration timeline monitoring and coordination of all relevant processes including risk identification, liaison with external parties (attorneys, banks) and reporting to the client services, sales, leadership, operations and finance teams

1.3. Reporting

1.3.1. Maintenance and upkeep of department budget and cash flow forecasting in terms of transfers and developments

1.3.2. Project reporting

1.3.3. Property transfer timeline report and identifying risks

 

2. Projects Company Duties

2.1. Planning Company & Execution Company Duties

2.1.1. Legal, compliance and transfer-based research and development planning in terms of new developments and any implications thereof

2.1.2. Facilitate changes to erven (servitude creation/cancellation/amendment, notarial ties and title deed amendments)

2.1.3. Oversite of all legal regulatory compliance including NHBRC Project registration.

2.1.4. Scheme reconciliation and reporting to Propco (changes to unit sizing, parking bays, communal areas)

2.1.5. Preparation and registration of management and conduct rules of schemes

2.1.6. Identifying project risks and threats

2.1.7. Transfer process management and coordination of all relevant processes and support

2.1.8. Co-ordinating compliance certificates/ insurance for a sectional scheme to be established

 

3. Brokerage Company Duties

3.1. Consulting with the brokerage team in the negotiation and preparation of agreements if

required

3.2. Deal tracking – holding the sales team accountable for the usage of the appropriate systems

and reporting on deals to shareholders

3.3. Risk reporting in terms of individual deal and transfer timeline management

3.4. Compiling shareholders sales report

3.5. Facilitation of resales in line with Property Company Terms and Conditions.

3.6. Preparation of legal documentation for project launches, in line with project concept

 

4. Other

4.1. Digitizing and hard copy filing where necessary

4.2. Maintaining and updating systems and processes

4.3. Any and all ad-hoc items as the company sees fit

 

Reporting to:

Rahla Schaffer – Investment and Development Manager

 

Working in a team with:

Development Manager

Property and Projects Team

 

Qualifications, Qualities and Experience

• Degree in Property Studies, Business Science, Legal/Conveyancing or similar

• Experience minimum 3-4 years, with knowledge of conveyancing a plus

• Excellent written and spoken English communication skills

• Competent in Excel, Outlook and Word (MS Office Suite), and the ability to learn new systems (Sales Force, Teamwork etc.). MDA advantageous.

• Attention to detail & highly organised

• Strong administrative skills and can multitask

• Strong reporting skills

• Proactive approach and excellent problem-solving capabilities

• Positive and professional attitude and appearance

• Demonstrate good time management and teamwork

• The ability to perform and self-manage in a dynamic and fast paced work environment

 

Package

• R 24,000 – R28,000 per month CTC (experience dependent)

• Cell phone allowance, Laptop

• Medical Aid Contribution

• Company to cover travel related costs at R3,20 per km

 

In applying for the position, please submit the following:

1. Your updated CV

2. Completed recruitment task for the role

2.1. What interests you in the property market?

2.2. How has your employment history and career journey positioned you as a suitable candidate for this role?

2.3. List of initial questions regarding the company (Blok) and/or job specification